World Trade Organization Director-General Roberto Azevedo said Monday that it needs the U.S. — which played an integral role in a new agreement boosting the body's trade-negotiating arm — and the U.S. needs the WTO in order to access new markets for its exports.
A French businessmen accused of blocking a foreign bribery investigation into a mining company pled guilty in New York federal court Monday to obstructing the probe into whether BSG Resources Ltd. paid bribes to win lucrative mining rights, according to the U.S. Department of Justice.
Negotiations for the Trans-Pacific Partnership are “almost complete,” a senior Obama administration official said Friday ahead of Vice President Joe Biden's trip to Chile, during which the vice president on Monday discussed the TPP and other trade ties with the South American nation.
Ball bearing makers NSK Corp. and JTEKT Corp. recently asked the U.S. Supreme Court to weigh the appropriate standard for reviewing appeals of the U.S. Court of International Trade's decisions in import duty cases.
The U.S. Court of International Trade on Monday again rejected the U.S. Department of Commerce's attempt to use Bangladeshi wage rates as a surrogate in reviewing anti-dumping duties on Vietnamese shrimp imports, marking the third time Commerce's findings have been remanded.
The path to success for women is the same as it is for men — building relationships, delivering an excellent work product and earning the trust of your clients by serving as both a legal and strategic business adviser. I must confess, however, that I also had to learn to drink scotch and play golf, says Linda Goldstein, chairwoman of Manatt Phelps & Phillips LLP's advertising, marketing and media division.
I will never forget stories I heard of what it was like to be a woman attending law school in the early 1960s, which included being called up to the front of the class to answer the professor’s questions on designated "Ladies’ Days," says Yuliya Oryol, chairwoman of Nossaman LLP's puplic pensions and investments practice group and administrative partner for the firm's San Francisco office.
Personal navigation company DeLorme InReach LLC has likely sold products that induced infringement of a satellite-tracking patent owned by BriarTek IP Inc. and should pay a recommended penalty of $637,500, a U.S. International Trade Commission judge ruled Friday.
From protests sparked in part by Ukraine's decision to put off a trade pact with Europe to threats of U.S. sanctions against Ukrainian and Russian officials contributing to the unrest, trade-related issues have been closely connected to the unfolding crisis in Ukraine.
The Senate on Thursday confirmed former Seattle police chief and Obama drug czar Gil Kerlikowske as the first permanent commissioner since 2011 of U.S. Customs and Border Protection, an agency grappling with several issues.
Negotiators from the European Union and the U.S. will convene next week for the fourth round of talks to secure an ambitious trade and investment agreement, focusing their attention the deal's agricultural and public procurement chapters, among others, the European Commission said Thursday.
Ubiquiti Networks Inc. has agreed to settle claims it sold broadband wireless products that eventually ended up in Iran, in violation of U.S. sanctions, the U.S. Department of the Treasury announced Thursday.
A male in-house counsel once told me I had not been "nice" to him when I approached him about a business opportunity and would therefore not get the business. To add insult to injury, one of my male partners told me I should be flattered by the interest paid to me by the in-house counsel, says Paulette Brown, chief diversity officer at Edwards Wildman Palmer LLP.
Several people have told me that they had a lot of trepidation when they found out they would be working for a woman. To be effective, you need to be able to eliminate or address the conscious or unconscious bias colleagues may have about having a female boss, says Nancy Mitchell, chairwoman of Greenberg Traurig LLP's New York business reorganization and financial restructuring practice.
The U.S. Consumer Product Safety Commission voted Tuesday to approve a mandatory safety standard for infant and child carriages and strollers that aims to prevent the hinge-related issues that have caused finger amputations and other injuries.
Lawyers can expect 2014 to be a strong year for the U.S. Department of Justice's Foreign Corrupt Practice Act enforcement program as it works more closely with foreign jurisdictions and speeds up investigations, the enforcement unit's chief said Thursday at a white collar conference in Miami.
Specialized manufacturing company Esterline Technologies Corp. has agreed to pay $20 million to resolve claims it exported controlled defense items without permission and engaged in other violations of U.S. export control rules, the U.S. Department of State said Thursday.
Chinese producers of electrical steel used in power transformers have benefited from unfair government subsidies, the U.S. Department of Commerce said Wednesday, announcing the initial results of a countervailing duty investigation.
The ongoing crisis in Ukraine and its impact on the global gas market have amplified congressional debate over U.S. liquified natural gas exports, with a senator and his expected re-election challenger proposing bills to expand LNG exports and another lawmaker floating legislation to prevent such an expansion.
The U.S. International Trade Commission on Wednesday affirmed a judge's initial determination that certain Samsung Electronics Co. Ltd. 3G and 4G wireless products do not infringe two InterDigital Inc. wireless technology patents.
The Third Circuit’s recent decision in a case involving possible Foreign Corrupt Practices Act violations may provide the government and litigants with a powerful new precedent to pursue attorney-client communications pursuant to the crime-fraud exception. Indeed, the court found that the exception applied where very few facts supported its application, says Katy Preston of Cadwalader Wickersham & Taft LLP.
By issuing a Financial Crimes Enforcement Network advisory to monitor accounts that may relate to 18 former Ukrainian government officials who are subject to criminal prosecution in Ukraine — rather than blocking the assets of these individuals outright like the EU and Canada — the Obama administration is evidently attempting to calibrate carefully the escalation of sanctions, say attorneys with Pillsbury Winthrop Shaw Pittman LLP.
The changing patent enforcement landscape makes obtaining a patent with a high enforcement value more difficult. Some recent U.S. International Trade Commission decisions exemplify how changes in the enforceability of certain types of claims can change prosecution claim strategy, say Jameson Ma and Amanda Dittmar of Bookoff McAndrews PLLC.
Cloud users must know how to use the cloud responsibly to prevent later difficulties with document production. When negotiating a cloud service agreement, users should look for certain services that will prove useful when responding to discovery requests, such as comprehensive search options, instant suspension of the auto-delete function, and preservation of metadata and embedded data, say attorneys with Sidley Austin LLP.
The recent bribery case involving Kurt Hammarskjold, a former PetroTiger Ltd. CEO, underscores the U.S. Department of Justice’s continued commitment to prosecuting individuals for Foreign Corrupt Practices Act-related offenses. In fact, 2013 saw the highest number of individual enforcement actions since 2010, and the Hammarskjold prosecution and other recent actions indicate that the DOJ will continue this upward trend, say attorneys with Norton Rose Fulbright.
While a new European Commission proposal seeks to resolve problems with the current EU novel food rules, certain aspects of it would benefit from further clarification — such as the definition of novel foods, the assessment methodology for the history of safe food use and the potential obligation to monitor marketed novel foods, say Emmanuel Saurat and Audrey Chenessau of Sidley Austin LLP.
While there was only one U.S. Department of Justice Foreign Corrupt Practices Act opinion procedure release in 2013, last year's enforcement actions, and remarks made by DOJ and U.S. Securities and Exchange Commission officials, provided a fair amount of guidance on various compliance topics — including travel and entertainment, gifts, charitable donations, third-party due diligence, self-reporting, cooperation and remediation, and commercial bribery, say attorneys with Shearman & Sterling LLP.
The U.S. Treasury Department’s Office of Foreign Assets Control's recent note that it was listing 11 named parties as “foreign sanctions evaders" reflects new focus by OFAC on its authority to sanction individuals and entities determined by the U.S. government to have violated, attempted to violate, conspired to violate or caused to violate U.S. sanctions against Syria or Iran, say attorneys with Akin Gump Strauss Hauer & Feld LLP.
Ideally, implementing the type of Foreign Corrupt Practices Act review suggested by U.S. regulators in cross-border mergers and acquisitions will uncover any evidence of corruption before a deal is inked. But even if it does not, the exercise can provide a range of significant benefits, not the least of which is identifying “red flags” that can be addressed in deal documents and incorporated into the buyer’s integration plans, say attorneys with Dentons.
In stark contrast to the changing environment for the majority of lawyers today, the evolution for the general counsel is driven less by necessity than by opportunity. Today’s GC may touch every aspect of his or her organization to solve challenges and propel the company forward, keeping the GC far ahead of what is expected of the average lawyer, says James Merklinger, vice president and general counsel of the Association of Corporate Counsel.